Stock Market Talk and Trading - part 2

So in fact another meltdown, at least this time without the false claims of being a millionaire financial markets trader.

To keep it on topic, I had a bit of nice news the other day from ERNIE. Like all investments, it's a bit of a gamble however it's true what they say that the longer you hold them the more worthwhile they are.

Always good to start the day with laughing at yet another Jimmy Poorhouse melt-down! He's really not having a good weekend: first he finds out that he's been shown to be an utter fool by believing that I'm in a photo that I'm not in, next he tries to make people think he really does still own shares that he boasted about selling a couple of weeks ago but he gets caught posting somebody else's image, and then it comes out that he's such a creep he shares photos of former members of this forum in their coffins!

Here's an investment offer: I'll bet you dollars against donuts that Jimmy Poorhouse won't say who he claims I am in the photo which used to be his all-time favourite photo! Even Jimmy realises that he's been busted yet again! LOL! Hoot!

Another of my modest investments was gold during YTK at around $350 an ounce.
Today it has reached $2750 an ounce and still going up.
Takes money to make money.

Another day, another laughable lie from Jimmy Poorhouse! He's too dumb to realise that the price of gold back then is just a click away, so we can all see he's lying:
letmegooglethat.com/?q=what+was+the+price+of+gold+in+2000

Why does he bother? Even a fantasist as delusional as him must realise that everybody knows he's living in a shack in the woods without two pennies to rub together. And now he's even lost his favourite photo, the one he's for years fantasised about me being in. LOL! Hoot!

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  Jimlyingyetagain..jpg
  

Maybe I will just give away my gold coins for Christmas presents this year since they would make unique presents for the kids to hang onto for 25 years like I did.
They are really no use to me anymore.

Grow up man! they are just bits of chocolate covered in gold covered foil !!!

I don't expect the Market to do much until after the election.
If President Trump wins, I am positioned well. (Drill baby drill $$$$)
If the Enemy wins there is no doubt America will be going to war again and we know what that means.

You mean they are just bits of fantasy chocolate covered with fantasy gold-coloured foil. Jimmy Poorhouse doesn't have enough money to buy actual chocolate covered with actual gold-coloured foil! Jimmy Poorhouse doesn't even have enough money to buy a cup of tea in a cafe, as shown by him claiming that 30 cups of tea at a cafe costs less than a month's mobile internet! LOL! Hoot!

The stock market will be reacting favorably on the open to Trumps landslide win.
The American people have spoken !
Happy days are here Again for investors !
And mystic Jimmy has himself very well positioned in the Market for Trumps win.
Any bets on what the Market will do today ?
Oh that's right, you lost all your money on a Suckers bet betting that Coat Hanger Harris would win the election. Hoot !

Blimey: just checked and I'm up 5.1% on the day! Maybe orange will result in us in the EU making some green.

See, Trump is making you some jingle.
Vote Republican and you will prosper.


Take a look at TESLA that is up 13.5% or $34 per share today.
That's $3,400 on a 100 shares for today. :-)

Remember when Tesla was at $215 and I was being mocked back in the summer of 2023 ?

https://polishforums.com/off-topic/stock-market-trading-talk-85560/23/#msg1923619

Tesla stock today is at $346.up $131 per share since then.
A hundred shares would have made you over $13,000 fifteen months later.

stock market is really attractive to people who like chill and relax. but it takes guts and work. Be safe! :)

Yes, especially to us old retirees that still enjoy making money.
Some people make money by what they know, and some people make money by what they do.

Quoting post #101 of October 24th of 2024

Here we are 7 weeks later and Tesla is presently at $354 today, up $100 a share from then.
Now if Diminishing Hairy Lazarus would have just listened to Poorhouse Jimmy and bought a hundred shares of Tesla at $254 he now, (seven weeks later) would have made himself a cool $10.000 which is more than he has ever made in a year.
How does mystic Jimmy do it is right. Hoot !
How does that saying go......"he who laughs last wins" ?
Now its Lazarus's turn to tip us with a stock.
(Crickets)

Trump farts and Europe panics.
Trump puts tariffs of 25% on Canada and Mexico and 10% on China and the European stock market panics.
The Ibex 35 joins the drop of the rest of European stock exchanges, opening in the red for almost all its companies except for energy companies.
European stock exchanges have started this Monday session in the red: the Ibex 35 has fallen by 2.09%.
Meanwhile, the Paris stock exchange has experienced declines of 2.01%, accompanied by a drop of 1.98% for Frankfurt; 1.74% for Milan, and 1.23% for the London stock exchange.
Add that to inflation, NATO cuts, foreign aid cuts and it is only going to get worse.
Looks like Trump has ended the gravy train for Europe.
PolAm has the right idea.......real estate as the correction in the markets are not going to be pretty
Time to pay the Piper...

Nobody is panicking - in fact most of those markets are at a small drop after today's close, about 1 percent. Same as the drop on the Nasdaq

Since October European markets have outperformed the US

We are neither scared nor impressed

Anyway I see the Mexico tariffs have now been delayed - in a few weeks time all this will be forgotten - just more moron behavior from Trump, who needs congress to approve his dumb plans

No, moron...Trump put a gun to Mexico's head to get their attention... Now, let's talk...

You should go down the used car lot again - might be some good February offers on an old ass Chevrolet. You can learn all about the art of the deal down there. Leave the stock market thread to the PF millionaire$ club

I read it was just for last month, not three months.
For the last five years however, the U.S. stock indexes have comfortably beaten their European peers.
European indexes are 5% undervalued so this coming year could be a good year for the European markets.
(No response from Novi, please)

One more trading day but that has been a good February for the sleepy decadent Europeans - Warsaw exchange one of the best, up 10 percent. Germany and France strongly up too.

In the US then I'm waiting to hear how many people dumped Tesla while it was at the top. Now falling sharply.

In fact all US markets are struggling - investors like stability and rule of law

And also hilarious Bitcoin falls in progress

That's because North Korean hackers have stolen $1.5 billion in cryptocurrency in a single heist, making it the largest crypto hack on record.

Cryptocurrency seems like Ponzi schemes. Most of it is scamming one way or another.

Greed really. Interest from a savings account plus some safe and ethical investments should be enough for anyone.

In Poland interest from an investment account is anaemic, barely above inflation and taxed. You need to have some other form of investment on top of that - shares, real estate or a small business etc.

Just not crypto - a complete scam, put a few k in if you have some to spare but be aware it might go to zero.

I dont think the falls are the fault of the North Koreans - it's a zero value product, other shitcoins like Ethereum have fallen even more.

How are Tesla shares doing right now?

Edit. I just saw you reply
I get an ok percentage in the U.K. and als9 on term deposits.

It's possible to invest ethically too.

Plus gold has done well, and people shouldn't underestimate ERNIE for long term deposits.

It went down from 400 to 300. In the past, it went up from 100 to 400.

Now what?

That's why it's rather pointless to buy individual company's shares. Just keep buying index funds - Euro, Japan and US - the safest option in the long run.

Or, if you have enogh cash, you buy nothing...

70% of NFL players after making millions went broke because they "invested". Those who ddn't, are fine.

I suppose it depends what you mean by "enough" but all the rich (or at least well-off) people that I know invest to save their money from inflation. Interest rates on saving accounts are usually below inflation, so keeping your money just sitting in the bank seems like a bad idea (apart of course from an ample emergency fund).

Don't know about those NFL players but if you diversify your investments (index funds, precious metals, real estate) you should be fine. The worst thing is putting all you eggs into one basket or fall for some shady get-rich-quick schemes.

What are the interest rates on a Polish savings account, jon ? 2% ?
What is the cost of living in Poland, jon ?
So in essence you would lose money by putting it in a savings account

Tesla is at a pullback presently which is the only time you and Hairy post to diminish it.
When it is up over a $100 a share you are silent in jealousy.
You two investing guru's still don't understand how the market goes up and down.
Right now it is down so you have to have patience.
You two think if you buy a stock it automatically starts going up which is not always the case.
And what confirms that is that neither of you have ever tipped a stock here in fear of having it tank so you can be mocked.
All you do is diminish other people's stock picks while sitting Zolty less.
Hoot !